Sensex, Nifty Extend Three-Day Rally as IT Stocks Lead Gains
Sensex, Nifty Extend Three-Day Rally as IT Stocks Lead Gains
Sensex and Nifty rise for the third straight day, led by IT, as oil eases and global peers rally.
Indian stock benchmarks extended their winning streak to a third consecutive day, with the Sensex up 0.83% at 76,704.13 and the Nifty gaining 0.83% to finish at 23,777.80. The intraday peak reached 77,000.22 as investors shrugged off oil market jitters and leaned on technology shares for direction. Brent crude dipped about 0.1% to around $103.3 per barrel, helping ease concerns around energy costs and inflation. IT stocks took the lead, helping lift sentiment alongside steady gains in realty and auto names, while mid and small-cap segments also traded with strength.